Local Bourse Ends the Week South, halt Five Successive Bullish Trend with a 0.86% Loss

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As against yesterday’s record-setting bullish performance, the local bourse today (Friday) closed southward, as the Market Capitalization value dipped by 0.86%; the first dip in the last six trading sessions. Consequently, market breadth closed negatively, recording 38 losers as against 26 gainers.

NSE Trading Floor

In summary, the All-Share Index (ASI) lost 305 absolute points, representing a decline of 0.86% to close at 35,037.46 points. Similarly, the overall Market Capitalization value also shed N159.03 billion, representing a decline of 0.86% to close at N18.308 trillion.

BOCGAS, JAPAULOIL, and NCR emerged joint-top-gainers for today with a maximum gain of 10% each, while UPL, FCMB, and AIICO emerged joint-top-losers with a maximum loss of -10%.

Today’s downtrend was further driven by losses in medium and large capitalized stocks amongst which are; STERLNBANK (-9.92%), ARDOVA (-9.76%), GUINNESS (8.64%), ACCESS (-8.50%), CADBURY (-7.73%), GUARANTY (-4.71%) MTNN (-4.32%) and ZENITHBANK (-3.55%).

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MARKET STATISTICS

CAP N18,308,125,772,727.24 One Day (ASI CHG) -0.86%
Index 35,037.46 One Week (ASI CHG) +12.97%
Volume 1,243,692,991.00 One Month (ASI CHG) +23.61%
Value N16,286,779,385.15 Six Months (ASI CHG) +47.78%
Deals 13,433.00 52 Weeks (ASI CHG) +33.02%
Gainers 26 Losers 38
Unchanged 36 Total 100
YTD Returns +30.53%

Source: NSE, GTI Research

 

Sector Performance

Sector %    Change
NSE30 -1.76
BANKING -5.35
CONSUMER GOODS -3.23
INDUSTRIAL +0.63
INSURANCE -3.20
LOTUS ISLAMIC -0.97
OIL/GAS -0.31

 

Top 7 Traders By Volume

 Company     Volume   Value (₦)   Closing Price (₦) 
 TRANSCORP   191,732,503.00      239,617,958.84          1.15
 ZENITHBANK   163,516,277.00   4,482,150,861.45        27.15
 ACCESS   104,156,452.00      975,811,673.05          9.15
 FBNH   100,897,328.00      826,833,292.55          8.25
 UBA     78,467,364.00      718,440,605.60          9.20
 GUARANTY     56,020,848.00   2,058,532,176.95        36.40
 WAPCO     44,823,853.00   1,066,321,890.05        24.10

 

Top 7 Traders By Value 

 Company     Volume   Value (₦)   Closing Price (₦) 
 ZENITHBANK   163,516,277.00   4,482,150,861.45        27.15
 GUARANTY     56,020,848.00   2,058,532,176.95        36.40
 DANGCEM       8,569,030.00   1,705,396,061.90      200.00
 WAPCO     44,823,853.00   1,066,321,890.05        24.10
 ACCESS   104,156,452.00      975,811,673.05          9.15
 FBNH   100,897,328.00      826,833,292.55          8.25
 DANGSUGAR     34,436,813.00      743,134,740.85        22.20

 

NASD OTC MARKET

Trading activities on the NASD OTC counter today (Friday) extends yesterday’s positive momentum, as the USI and the Market Capitalization Value gained 0.07% to close at 726.04 absolute points and N533.33 billion respectively, compared to yesterday’s position of 725.56 absolute points and N532.97 billion.

Likewise, the Volume and Value of transactions today rose by 69,980.26% and 592.73% relative to yesterday’s position to print at 5,047,180 units and N6.984 million in 8 deals.

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